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Market share of foreign-invested pharmaceutical firms increasing

Domestic pharmaceutical manufacturers are losing market share to foreign-invested firms since the implementation of SDP function (separation of drug dispensing from medical practice), according to data compiled by Yak...

Pharmacists see more optimistic outlook in government policy

Pharmaceutical business sources say that pro-pharmacist policy can gain momentum with Uri Party holding the majority of parliamentary seats, although several pro-pharmacist lawmakers defeated in the 17th National Asse...

Prescriptions of contra-indicated drugs not NHI reimbursable.

The prescription dispensing containing any contra-indicated drugs may not be NHI reimbursable and therefore pharmacists have to consult with prescribing physicians prior to dispensing such prescriptions for an appropr...

LG to export technologies of new drug for B viral hepatitis.

LG Life Science Co. has developed a new drug for the treatment of B viral hepatitis under the code of B80380 and tried to explore a strategic business tie-up with Anadys Corp. of America for an earlier commercializati...

Green tea extracts spotlight as next-generation health food

Stimulated by the incredible new discoveries concerning green tea and its expected listing in the official health food compendium in June, more and more pharmaceutical firms including large-sized businesses are rushin...

Medical circles to brake 6 year pharmacy school projects.

Korea Medical Association and Korea Oriental Medical Association jointly presented an opposing statement to MOHW on April 14 against the burgeoning 6 year pharmacy school system that currently promoted by the pharmaci...

Prof. Lee Seok of Catholic Medical School elected for Yuhan Medical Award.

President Park Han-seong of Seoul Medical Association took the 44th anniversary ceremony of "Doctors News" press and the 37th Yuhan Medical Award event at Seoul Medical Office House on April 14. Yuhan Medical Awar...

Two pharmacists elected in 17th National Assembly

Pharmaceutical sources say that of the 13 pharmacist-turned candidates in the April 15 parliamentary elections, two won a provincial representation and proportional seat, respectively. Kim Sun-mi of Uri Party defea...

Health minister reaffirms support for six-year pharmacy college education term

Representative of the Korea Pharmaceutical Association called on Minister of Health and Welfare Kim Hwa-joong on April 14 and suggested that the MOHW push up with its plan to extend the education term of pharmacy coll...

CJ Corporation targets 1 trillion won in 2008 sales revenue

CJ Corporation unveiled its mid- and long-term plan to achieve a trillion won in sales with an aim to emerge one of the leading global companies by reshaping itself through mergers and substantial R&D investment to st...

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